Downloadable 3D model marketplace Pinshape announced on their website today that they would be shutting down the platform effective March 31, 2016. The announcement came as a shock to a lot of users who had come to appreciate the service and helped build the community over the last two years. According to their farewell message, Pinshape was a community of active users more than 75,000 strong, who downloaded more than 1,500 3D models a day. Unfortunately distributing 3D content is a tough business to be in and it isn’t easy to monetize. The company also cited the recent downturn in consumer and inventor confidence in desktop 3D printing companies as another reason for their inability to keep the company afloat. The company is expected to meet all of their outstanding financial responsibilities to their designers, and despite closing on the 31st will continue to try and find a new home for the Pinshape platform. You can read more over on 3DPrint.com: http://3dprint.com/126715/pinshape-shutting-down/